$ONDO (12-HOUR): WYCKOFF DISTRIBUTION again, at SUPPORTONDO / TetherUSBINANCE:ONDOUSDTColdBloodedCharterI'm stuck with my ONDO spot bag ($0.907 entry) that I bought on 10/10 before Trump stirred up some serious crap with CHINA. I will EXIT below the $0.666 SUPPORT (DOUBLE BOTTOM for now), as the price has been stuck in a range between 66.6c and 78.2c, forming a RECTANGLE — a BREAKDOWN below would have a measured target around 55c. A breakout above $0.782 would target 90c. This whole 12-HOUR chart (and the DAILY too) simply looks like just another WYCKOFF DISTRIBUTION schematic, unfortunately. A lot of BEAR RSI divergences recently — a REGULAR one followed by three HIDDEN ones. The momentum has been awful for 7 weeks in a row, just a solid DOWNTREND. A lot of positive news — the LINK one, the #RWA push by Larry FINK, etc... No reflection on the charts. All I see is distribution, lower and lower without any serious buyers stepping in. It's a BEAR MARKET coin, and below $0.666 it could fall like a stone, imo. I will update when it breaks out of this range. My STOP LOSS at $0.65. 👽💙 #blackrock